Denver-based Broe Real Estate Group has launched a $250 million fund to assist cash-strapped commercial real estate properties in the Western US.

BREG, an affiliate of The Broe Group, is calling the fund its Strategic Investments Program, and it is designed specifically to mitigate disruptions in cash flow experienced by real estate properties affected by the COVID-19 outbreak. 

The fund is hoping to provide much needed capital for under construction industrial, office, medical office, multi-family, hospitality, and retail properties, the group said in a release. 

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Patrick Smith

Patrick Smith, based in New York, covers the business of law, including the ways law firms compete for clients and talent, M&A and corporate work, leadership and marketing innovation. Reach him at [email protected] or on Twitter at @nycpatrickd